Group members to get $84M from AMP class action settlement

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Maurice Blackburn will seek $26 million in costs from a $110 million settlement in a long-running class action against AMP over its fees-for-no-service conduct, leaving more than three-quarters of the settlement to be distributed to group members.

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Obeids, Ian Macdonald lose appeal of conviction for bid-rigging conspiracy

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Former Labor members Ian Macdonald, Eddie Obeid and his son Moses will remain in prison after losing a challenge to convictions for conspiracy to rig a tender process and secure a coal mining exploration licence for the Obeids’ land in the Bylong Valley.

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Judge says expert referral process in Pacific Highway case ‘gone off the rails’

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A judge has raised concerns about expert evidence in a dispute between Acciona Infrastructure, Ferrovial Construction and three insurers over losses during construction of the $695 million Pacific Highway in NSW, saying the expert referral process had “gone off the rails”.

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‘Culture of sexism’ prompts overhaul of Productivity Commission

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Treasurer Jim Chalmers has announced an overhaul of the Productivity Commission following a review which found a “culture of sexism, sexual harassment, bullying and discrimination”.

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Judge ‘had enough’ with delays in four-year-old AMP class action

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The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with delays in the case, fixing the case for trial over the wealth manager’s protest.

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Solicitor closed law firm to dodge barrister’s fees, tribunal hears

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A solicitor has been found guilty of professional misconduct for shuttering his law practice to avoid paying a barrister’s $137,000 bill and for repeatedly failing to respond to the legal watchdog’s subsequent requests for information.

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Law firm partner takes fight with ATO over exit payment to High Court

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A retired law firm partner has taken his battle with the ATO to the High Court, arguing he is not liable to be taxed on $182,000 in goodwill payments he received on exiting the firm’s partnership in 2008. 

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Shine improves disclosures in wake of review, ASIC says

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The ASX-listed Shine Lawyers has earned marks for improvement in a review by ASIC of its disclosures relating to interest on litigation funding loans, the corporate regulator said Thursday.

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